CITB Grants 2015/16

CITB Grants 2015/16

Just a reminder about the shift in funding from CITB, reducing the supplementary grant and focusing it on technical and professional for the 15/16 grant year, see below from CITB:

For the 2015/2016 Grants Scheme year we are keeping grant rates at the same levels as last year, including maintaining the £50 per day attendance grant, to support all our registered employers.
To maintain this day rate and re-direct funding to address skills shortages, the Supplementary Payment bonus of 12% will be removed, returning to the standard rate of 10% from 1 August 2015. Some of this re-directed money is being targeted towards increasing the funding available to support Technical and Professional training and qualifications, such as degrees and post-graduate training. The additional funding, a pilot running from 1 August 2015 for one year, is an extra £50 per day for attendance making it £100 per day and an additional £350 for achievement making it £750. We have made this change following feedback that this level of training is essential to the future of the industry. Further information on the Investment Funding Review, including re-prioritisation of funds, will be sent out next month.